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Ripple's Stablecoin RLUSD Reaches $500 Million Market Cap Within 7 Months of Launch

Summary: According to CoinGecko data, Ripple's USD stablecoin RLUSD, launched 7 months ago, has reached a market cap of $500 million. The product is issued on the XRP Ledger and Ethereum, ranking among the top 20 USD stablecoins with a daily trading volume of around $26 million.

According to CoinGecko data, Ripple's USD stablecoin RLUSD, launched 7 months ago, has reached a market cap of $500 million. The product is issued on the XRP Ledger and Ethereum, ranking among the top 20 USD stablecoins with a daily trading volume of around $26 million.

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